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Announced

Completed

H.I.G. Capital completed the investment in Mobileum.

Synopsis

H.I.G. Capital, a global alternative investment firm, completed the investment in Mobileum, a global provider of telecom analytics solutions. Financial terms were not disclosed. "We are excited to welcome H.I.G. Capital as a partner as we continue to build the leading global analytics platform for communications service providers. H.I.G. has deep and relevant expertise in the sector with a strong track record. Working together, we intend to further Mobileum's mission to support telecom partners with market leading solutions and capitalize on the growth in the broader telco software sector, including the significant opportunities presented by 5G and private networks," Bobby Srinivasan, Mobileum CEO.

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